As of January 01, 2026, the average salary for a Transaction Processing Manager in Illinois is $134,020 per year, which breaks down to an hourly rate of $64.
However, a Transaction Processing Manager's salary can vary significantly. Here’s a look at the typical salary range:
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Transaction Processing Manager Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $143,308 | $11,942 | $2,756 | $69 |
| Average | $134,020 | $11,168 | $2,577 | $64 |
| 25th Percentile | $121,794 | $10,150 | $2,342 | $59 |
Amergis Healthcare Staffing, Inc.-Allied - Rockford, IL
Key Mortgage Services Inc. - Schaumburg, IL
SIPS Consults - Chicago, IL
STERIS Canada Corporation - Chicago, IL
A Transaction Processing Manager's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.
Experience is a primary driver of a Transaction Processing Manager's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Levels | Salary |
|---|---|
| Entry Level Transaction Processing Manager | $129,458 |
| Intermediate Level Transaction Processing Manager | $130,005 |
| Senior Level Transaction Processing Manager | $131,830 |
| Specialist Level Transaction Processing Manager | $134,020 |
| Expert Level Transaction Processing Manager | $136,376 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Transaction Processing Managers. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Understanding how a Transaction Processing Manager's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $143,308 | $11,942 | $2,756 | $69 |
| Average | $134,020 | $11,168 | $2,577 | $64 |
| 25th Percentile | $121,794 | $10,150 | $2,342 | $59 |
For a Transaction Processing Manager, the most direct path to higher earnings is advancing to the Data Governance Senior Manager role. This promotion typically comes with a significant pay increase, bringing the average annual salary to $169,062 - a projected growth of 26% over your current level.
Ready to take the next step in your career? Browse thousands of current Transaction Processing Manager job openings on our job board. Use the search bar below to find your perfect match.
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